Archive

Posts Tagged ‘conversion rate optimization’

Value Proposition: 4 questions every marketer should ask about value prop

May 21st, 2013

You’ve determined if there is any true value in your marketing and you’ve taken the steps to craft your value proposition, when the one looming question hits you – what should I do next?

 

Turning theory into action was the key focus of Tony Doty, Senior Manager of Optimization, MECLABS, and Lauren Maki, Manager of Optimization, MECLABS, during the Industry Deep Dive session, “Value Proposition: How to turn that shiny, new value prop into a high-performing page,” here at MarketingSherpa and MarketingExperiments Optimization Summit 2013.

“We have a lot of great tools for developing value proposition, but often we find a lot of marketers asking us what to do next and that’s what this is all about,” Tony said.

Today’s MarketingSherpa blog post will feature four questions every marketer should ask themselves about what the next step should be for implementing value proposition development into marketing efforts.

 

 

Question #1: Who is my target audience?

Tony and Lauren explained before you think about where you will express your value prop statements, you need to first determine who your audience for that value proposition is and what their needs are.

“We should always craft a value proposition with a customer’s needs in mind,” Tony said.

 

 

Question #2: Do I know where my customers are coming from?

Tony also explained once you’ve identified the target audience for your value proposition, you need to understand the channels where your traffic comes from, and adapt your message as needed per channel.

Lauren brought up a good point that customers from different channels have different needs and motivations, so your value proposition placement should be strategic within each channel.

To do this, she explained you first need to identify not just who your target prospect group is, but also where that prospect group is coming from.

“There’s a lot more places than just your homepage for your value proposition,” Lauren explained. “Look at your data to determine if what you’re doing is effective once you’ve started putting your value propositions into place [in those different channels].”

Some of the channels Lauren highlighted in her example are:

  • Targeted email campaigns
  • PPC campaigns
  • Display ads
  • Referral sites
  • Landing pages
  • Product pages
  • Informational pages
  • Cart checkout
  • Social media

Read more…

Search Marketing: 3 common mistakes marketers make using Google AdWords

May 17th, 2013

Through testing with our Research Partners, I’ve discovered a few common mistakes marketers make when crafting paid search campaigns using Google AdWords.

So, in today’s MarketingSherpa blog post, my goal is to provide you with a few fundamentals  to aid  paid search marketing efforts and, hopefully, help you avoid a few pitfalls along the way.

 

Mistake #1: Grouping all keywords into one ad group

Keywords are the heart of your ads and relevance is their soul.

So, if you lump all of your keywords into one ad group, the impact will be some keywords become highly relevant to the ad group while others are not.

This is a common mistake marketers make under the guise that the tactic will boost impressions. It will – but this approach is more expensive and those less relevant keywords that boost impressions are also likely to underperform.

Think of it this way … would you run an ad for plumbing fixtures in People magazine with the expectations that it will perform like an ad for the latest celebrity perfume line?

 

Mistake #2: Not testing ads

Another common mistake marketers make is not testing their ads.

Although testing is something we live and breathe every day at MECLABS, it’s important to understand in digital marketing, there are no sacred cows. Speculation on campaign performance is for the birds – unless you test, you’ll never discover what really works.

So, my suggestion is that you test. With AdWords, having two or more tests running is ideal as there is no other way to effectively benchmark an ad’s performance efficiently.

Read more…

Test Planning: Create a universal test planner in 3 simple steps

May 2nd, 2013

One of my responsibilities as a Research Analyst is to manage ongoing test planning with our Research Partners and at times, keeping tests running smoothly can be a challenge.

This is especially true when you consider testing is not a static event – it’s more like a living, breathing continuous cycle of motion.

But even with so many moving parts, effectively managing test plans can be made a little easier with two proven key factors for success – planning and preparation.

Today’s MarketingSherpa blog post is three tips for test planning management. Our goal is to give marketers a few simple best practices to help keep their testing queue in good order.

 

Step #1. Create

Creating a universal test planner everyone on your team can access is a great place to start.

For our research team, we created a universal test planner including:

  • Results from prior testing with our Research Partner
  • Current active tests
  • Any future testing planned
  • A list of test statuses definitions that everyone on the team understands – (test active, test complete, inconclusive, etc.)
  • A brief description of what is being tested (call-to-action button test, value copy test, etc.)
  • A list of who is responsible for each task in the test plan

 

Step#2. Organize

As I mentioned in the previous step, the status of a test can change and, based on the results, so will the ideas and priorities for future testing.

Some tests will move forward in the queue, and others will be pushed back to a later time.

So, to help keep our team informed of changes in the testing environment, we update the planner throughout the day and in real time during brainstorming sessions based on results and Partner feedback.

This allows us to focus our research and testing strategy efforts on expanding on discoveries versus chasing our tails to keep up-to-date.

Read more…

Lead Generation Optimization: How Expedia CruiseShipCenters’ increased previous customer conversions 22% by removing its lead capture form

March 1st, 2013

Optimizing form fields in emails can be tricky as sales and marketing departments don’t always agree on how to create an effective lead flow process that captures important customer information while minimizing elements of friction.

So, today’s MarketingSherpa Blog post will share two case studies featured at MarketingSherpa Email Summit 2013 and how one marketing team increased its conversion rate 22% by removing its capture form. Our goal is to share with you some real-world email campaigns you can use to aid your lead generation optimization effort.

First, let’s get some backstory on the role segmentation played in these case studies …

According to Dave Mossop, Manager of Interactive Marketing, Expedia CruiseShipCenters, segmenting between prospects and return customers early on in the campaign was key to allowing the team to offer more relevant content in its messaging.

“We did a very simple split of prospects versus customers and that alone gives you enough information to talk to these audiences very differently,” Dave explained.

By segmenting between prospects and return customers, the team was able to deliver a greater relevance for:

  • Price points – Lower for new prospects and higher for return customers
  • Itineraries – Specific destinations for new prospects and a broader range of destinations for return customers
  • Information – Answer first time cruise information for new prospects and explain the benefit of “Why book with us?”
  • Special offers – Exclusive bonus offers for prior customers

“As our team grew, we started going one level deeper by going to customer segments,” Dave explained.

Additional segmentation of past customers allowed the team to:

  • Focus messaging, sales offers and itineraries
  • Discover upsell and cross sell opportunities
  • Prevent down-selling to luxury cruise clients

The team took its segmentation efforts even further by grouping past customers based on previous cruise lines. Expedia CruiseShipCenters discovered past customers were likely to book on the same cruise line again.

By understanding past customer behaviors, the team was also able to:

  • Promote cruise line loyalty program offers and exclusives
  • Write content from perspective of experience

“We see phenomenal results as we get completely relevant and completely personal with the customer we have this data on,” Dave concluded. “Personalization makes a difference, but who we send to matters even more.”

Read more…